06/29/2021
Central Bank of Ireland Supervisory Priorities for the Insurance Sector
The CBI's priorities focus on the fundamentals of effective supervision; strengthening regulatory and supervisory frameworks
Legal, Regulation & Compliance
06/29/2021
High Court Declines to “Cram Down” Shareholders in Proposed Part 26A Restructuring Plan of Oil Company
The decision provides new judicial guidance for determining the boundaries of cross-class cram down tests.
06/29/2021
BIS Annual Economic Report 2021
In the coming year, issues such as corporate insolvencies and capital and labour reallocation will come to the fore.
06/28/2021
Deutsche Bank compensates Spanish winemaker over forex scandal
German lender pays €10m to JGC to settle claims of mis-selling exotic derivatives
06/28/2021
FCA fines Crosfill & Archer Claims Limited £110,000
This fine was for making unsolicited telemarketing calls to people who registered not to receive this type of sales call, where the firm had no evidence they had consented to receive the call or where the firm was unable to confirm what consent had been o
06/28/2021
Celebrating Major Milestones in London and the Channel Islands
Jack Boldarin: London was our first international office outside of the Cayman Islands 20 years ago because we believed then, as we do now, that being a leading player in London is vital to our global client base.
06/28/2021
The free flow of personal data from the European Economic Area to the United Kingdom can continue (at least for now)
The European Commission stated it would reassess the need for this exclusion following developments in UK law.
06/28/2021
Binance: Financial watchdog FCA bans cryptocurrency exchange
Binance has not registered with the FCA and therefore is not allowed to operate an exchange in the UK.
06/28/2021
FSCS backtracks on UK advice firm failure
After the lifeboat service said investors could be eligible for compensation
06/25/2021
Lawrence Stephens Launches Family Law Practice
The addition of Lawrence Stephens’ Family department marks an exciting step forward in the expansion and growth of our firm as we prepare to celebrate our 25th anniversary next year.
06/25/2021
Met makes one of world's largest cryptocurrency seizures
The seizure was carried out by detectives from the Met’s Economic Crime Command on the back of intelligence received about the transfer of criminal assets.
06/25/2021
Report outlines shape of post-Brexit regulatory landscape in the UK
Firms and a number of industry bodies have looked at open finance in the context of their segment of the financial services industry, but without a clear, central steer from government we may not see the developments that could – and should –
06/25/2021
Carey Olsen named best offshore law firm
The award win follows in the footsteps of Carey Olsen's trusts and private wealth practice maintaining its Tier 1 listing in the 2021 edition of eprivateclient's Top Offshore Law Firm rankings, and its back-to-back success in the offshore law fi
06/25/2021
Germany passes reform of lawyers' fees and litigation funding
It provides for lawyers to agree on contingency fees to a greater extent than before or to bear the costs of legal proceedings.
06/25/2021
Guernsey funds market update: PIF Regime, Companies Law and economic substance requirements for partnerships
This significantly reduced the cost and processing time for launching a fund.
06/25/2021
Jersey funds market update: the EComms Law, JPF review, economic substance for partnerships, fund vehicles fee changes
Draft legislation reflecting the above proposals is awaited.
06/25/2021
'Elephant in the room': Advisers hopeful new FCA rule will tackle exit fees
But the proposals also included a line on exit fees charged by firms when their customers leave them.
06/25/2021
France's Natixis fined 7.5 mln euros in sub-prime exposure case
It was eventually rescued by its parent bank BPCE and was later restructured.
06/24/2021
Carey Olsen advises Quotient Limited on new money investment
Quotient intends to use the net proceeds from the offering for the continued development of the multimodal, multiplexing MosaiQ platform, to prepare for its commercial launch and for other general corporate purposes.
06/24/2021
EU reacts sharply to new Hungarian law
The warning from European Commission President Ursula von der Leyen was a measure of the degree to which many senior European leaders expressed concern over the new law, which was approved last week by Hungary's parliament.